FXTM Review: Pros & Cons 2025

FXTM receives mixed feedback, praised for fast execution, tight spreads, and responsive service, but criticized at times for technical issues and slower dispute resolutions. FXTM provides award‑winning, multilingual customer support 24/5 via live chat, phone, and email. Clients are also assigned personal account managers to assist with queries, from account setup and strategy to technical issues.

How Are The Best Forex Brokers Scored?

Complete the questionnaire, detailing further personal information, trading aims, and trading knowledge. You should find it incredibly easy to open an account at FXTM as the process is fully digital which makes it straightforward and quick. The broker additionally takes all necessary precautions to keep personal client information and other details safe. This gives you an extra layer of protection should anything happen to the broker. As these are some of the most stringent regulators in the market, you can rest assured that FXTM is economically stable and responsible. We encourage you to keep in mind that there are also many commission-free withdrawal methods.

By reading this review, you will gain a better understanding of whether FXTM is the right broker for your trading needs and preferences. Though FXTM is a highly trusted and regulated forex and CFD broker, it has its strengths and weaknesses. FXTM offers a variety of trading instruments, including FX ,Spot Metals,Index CFDs,Commodity CFDs,Cryptocurrency CFDs, Stock CFDs .

How much does FXTM charge for withdrawal?

The desktop MT4 platform is a comprehensive solution designed for traders who require a highly customizable environment. Additionally, it includes access to FXTM’s market news and analysis, helping traders stay updated on the latest trends and market-moving events. This platform is equipped with essential features, including real-time price quotes, good charting tools, and customizable indicators, and is available in over 20+ languages making it suitable for both beginners and regular-size traders. Built on MT4 infrastructure, the platform offers seamless functionality without requiring any downloads, allowing users to trade from any computer with internet access. FXTM is known in the industry for its true ECN execution, delivering ultra-fast trade execution crucial for strategies like scalping, day trading, or capitalizing on rapid market movements, where every millisecond counts.

Account Currencies and Funding Options

He has contributed to top platforms such as Investopedia, GoBankingRates, and Investing.com, where his expertise in Forex markets and digital assets is widely recognized. Tobi Opeyemi Amure has more than seven years of experience as a financial market analyst. Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, clients or contributors, is provided as general market commentary and does not constitute investment advice.

General Information about FXTM

This account includes 43 currency pairs, two spot metals, and nine spot CFDs, making it an excellent choice for professionals looking for high liquidity and superior trading conditions. There is no maximum deposit limit, deep liquidity from Tier-1 providers, and market execution without requotes or last-look pricing. The minimum transaction size is 0.01 lots, offering further flexibility for professional traders. This is ideal for traders looking to diversify their investments or capitalize on specific corporate news and earnings reports. Trading commodities allows traders to speculate on the price movements of raw materials, benefiting from global supply and demand trends.

• FXTM’s fee structure is considered competitive, especially when compared with industry standards for commission-based accounts, giving traders cost-effective options across various account types.
• Spot Metals swap fees are charged or credited like forex, depending on whether the position is long or short.
• Also, Broker is known for its quality services among the trading community, as has been operated for many years, besides being available for UK.

It offers various features, including advanced charting tools, automated trading through Expert Advisors (EAs), and a comprehensive library of technical indicators. It’s worth noting that these floating spreads may widen for less liquid instruments or during volatile market conditions. For those using the Advantage Plus account, spreads on major pairs like EUR/USD are typically around 1.9 pips, higher than industry averages of around 1.2 pips. FXTM doesn’t support ETFs, mutual funds, bonds, options, or futures, and the range of available assets can vary depending on the regulatory requirements of the subsidiary you are trading with. Ultimately, the mix of international and localized options makes FXTM suitable for traders seeking accessible and varied payment options across different regions.

FXTM allows clients to trade stocks from top stock exchanges in the world, such as the NASDAQ, NYSE, HKEX, and others. Again, this is dynamic leverage that reduces as the size of trades starts exceeding $100,000. FXTM offers various metals for online trading with competitive trading conditions. Notional value of trades will also dictate the maximum leverage available, with trades over $100,000 reducing the leverage ratio.

Where are the Headquarters from FXTM based?

FXTM’s customer support is available to assist you with your needs. They offer a variety of ways for clients and interested parties to get in touch with them. In conclusion, FXTM’s numerous awards and recognitions underscore their commitment to providing an exceptional customer service, education, and trading experience. FXTM’s approach to trading costs is one of the reasons they’ve been recognized worldwide.

This clear pricing structure benefits both beginners and experienced traders seeking affordable access to a wide range of markets. FXTM minimizes these costs by offering zero commission on its Advantage Plus account and competitive rates across forex, metals, indices, and crypto CFDs. FXTM delivers some of the industry’s lowest trading costs, emphasizing tight spreads and low commissions. FXTM is a reputable broker that focuses on trader success through strong regulation, competitive trading costs, and a dedication to education. Additionally, both accounts grant access to major markets and comprehensive educational resources for all users. FXTM provides various account types to suit different trading styles, such as Standard and Advantage accounts.

The broker provides traders with a MT4 and MT5 demo account, which they can use to practice their trading strategies before implementing them on the live trading accounts. Its clients enjoy various competitive trading conditions, including tight spreads, zero deposit fees, lightning-fast execution, commission-free trading, and more. FXTM, a renowned player in the forex trading market, offers a variety of trading servers for both live and demo accounts. However, traders must be aware of these fees to understand their trading costs and how they compare to other brokers. FXTM, a renowned forex trading platform, offers a wide range of educational and learning materials to help both beginners and advanced traders.

The broker offers a range of educational resources, including webinars, seminars, and video tutorials that cover key concepts and technical analysis. FXTM offers a variety of research tools including daily market analysis, economic calendars, and news updates, providing insights into market trends and potential opportunities. Additionally, FXTM’s Help Centre serves as a comprehensive resource for traders seeking quick answers and self-help options.

Trading Fees

• These awards further highlight FXTM’s dedication to providing superior trading conditions and services to its clients.
• With FXTM, you can trade CFDs on forex, indices, commodities, and stocks.
• Again, this is dynamic leverage that reduces as the size of trades starts exceeding $100,000.

Equity CFD trading is commission-free as Forextime joined the group of brokers catering to millennial and GenZ traders favoring no commissions. For traders who can navigate these initial hurdles, FXTM presents itself as a solid broker in the forex and CFD market with benefits tailored to a wide range of trading needs. The FXTM Standard Account is a no-frills option for new traders who want to start trading forex without worrying about extra commissions or fees.

How to Open FXTM Demo Account?

Traders who engage in longer-term strategies or frequently hold positions overnight should consider these swap fees as part of their overall cost, as they can accumulate over time. Additionally, the account is available on MT4 and MT5 for PC, iOS, Android, and Windows Mobile devices. The minimum deposit amount is $/€/£ 200, and for residents of Nigeria, it is ₦350,000.

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are favoured by many brokers for their backend server reliability, which contributes to a stable and smooth trading experience. FXTM provides a variety of trading platforms designed for different trader needs. Advantage and Advantage Plus accounts offer flexibility with unlimited positions per order, although individual trades still max out at 100 lots. The minimum trade size across most accounts is 0.01 lots. Debit card deposits are processed instantly, with confirmation of funds visible immediately on the website and trading platforms, and via an email that acknowledges the deposit, which remains pending until payment verification is completed to unlock withdrawal capabilities.

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FXTM provides access to an impressive display of financial instruments including forex, commodities, indices, and cryptocurrencies, although some restrictions apply to clients in specific regions. FXTM is an excellent broker for beginners, active traders, scalpers, and those who prioritise strong regulatory oversight and risk management. These resources are particularly useful for new traders looking to expand their forex knowledge​. FXTM features competitive spreads, starting from 0.0 pips on ECN accounts. FXTM offers a range of account types to suit different trading styles.

FXTM is a member of the Honk Kong-based Financial Commission, where the Compensation Fund protects traders up to €20,000 per claim. Its UK license may entitle account holders to state compensation in the event of FXTM Broker Review broker bankruptcy of up to £85,000. FXTM is a legitimate, safe, and secure broker, as it is highly regulated, holding licenses in several jurisdictions, including the tier 1 financial center of London.